Conning: The Importance of Risk Attribution

The financial crisis and increased regulatory scrutiny in an ever more complex global environment has heightened the demand for insurers to understand, measure, and manage risks across the entirety of their organizations. More and more insurers have adopted Enterprise Risk Management (ERM) as a comprehensive framework for assessing internal and external threats to their business. Risk attribution is a critical component of ERM – it determines the overall impact of various sources of risk

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